KUALA LUMPUR: Malaysia remains on track for fiscal consolidation in the post-pandemic era, with the shortfall in 2023 likely to narrow to 4.9 per cent from 5.3 per cent previously, said Fitch Solutions Country Risk and Industry Research (Fitch Solutions). In its outlook report for Malaysia published recently, Fitch Solutions said it has revised downward […]
Read MoreThe policy of taxing second homes should be introduced at an appropriate point in time with a carefully-studied roadmap and regime. HÀ NỘI — The policy of taxing second homes should be introduced at an appropriate point in time with a carefully-studied roadmap and regime. The property market of Việt Nam still lacks grounds to […]
Read MoreINDIVIDUALS seeking permanent-resident (PR) status via Singapore’s Global Investor Programme (GIP) must soon invest more: at least S$10 million in a business or S$25 million in an approved fund. Those establishing family offices must deploy and maintain at least S$50 million in any of the four investment categories. The changes take effect on Mar 15 […]
Read MoreThe public will have to accept the 5-7 percent electricity price increase in 2023 as EVN has incurred a big loss of VND31 trillion and if it is not allowed to raise electricity prices, national energy security will be threatened. Can Van Luc, a member of the National Advisory Council for Financial and Monetary Policies, […]
Read MoreBUDGET 2023, with an allocation of RM388.1bil, is an expansionary one by a mile, being 17% higher than the previous one, but with a lower deficit at 5% compared to 5.6% in 2022. Therefore, the curiosity heightens when you note that the reduced deficit comes on the back of lower expected revenue for 2023 of […]
Read MoreThe government needs to revamp the tax structure, especially the personal income tax, to bridge the income gap and ensure a fairer system, according to the National Economic and Social Development Council (NESDC). Thailand still has some tax waivers, including the capital gains tax, which some parties believe should be cancelled. The government is studying whether some […]
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Thailand
